Who's using what in P&C insurance: May 13, 2024
Insurance technology news from Marsh McLennan, Christian Brothers Services, Main Street America Insurance and more.
Marsh McLennan partnered with Oliver Wyman to launch Sentrisk, an artificial intelligence-powered platform, which aims to help businesses manage global supply chain risk. With the ability to analyze deep into a firm’s supply chain, Sentrisk overlays proprietary analytics to pinpoint low, medium, and high-risk vulnerabilities down to a site, supplier, or component-specific level, Marsh McLennan said.
EZLynx partnered with Citizens Property Insurance Corporation, a not-for-profit property insurer in Florida, whereby Citizens will use the EZLynx Rating Engine for more than 7,000 Florida insurance agents. To optimize how eligibility determination against the private market is delivered to its appointed agents at the point of sale and renewal, Citizens selected EZLynx Rating Engine to enable Florida agents to accurately assess risk coverage from Citizens and other Florida carriers.
Christian Brothers Services has selected Origami Risk’s multitenant SaaS P&C platform to streamline its policy administration and billing processes, enhance service resources for its members, and to gain insights into its current coverage lines and their performance.
Main Street America Insurance has partnered with TransUnion to provide specialized cyber risk protection for small businesses. Main Street America’s small business policyholders will have access to TransUnion’s TruEmpower CyberScout solution, which is designed to help companies address perils from commercial breach, cyber extortion, business identity theft and other cyber security threats.
Paragon Insurance Holdings LLC selected Kalepa’s AI-powered Copilot underwriting platform to support its Workers’ Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs.